ESMA_QA_2742
19/12/2025
Subject Matter
Prospectus QA exemption
Original question
Do subscription rights fall under the exemptions in Article 1(5)(a) and (ba) of the Prospectus Regulation?
ESMA Answer
19-12-2025
Original language
Yes, subscription rights fall under these exemptions provided they relate to shares which themselves qualify under these exemptions.
Status: Answer Published
Additional Information
Level 1 Regulation
Prospectus Regulation 2017/1129
Topic
Public offer